$1.5m funding for eSports broadcaster DingIt.tv
"Black Green Capital share our vision of the future of DingIt's disruptive broadcast streaming technology"
Real-time broadcasting platform DingIt.tv has $1.5 million secured follow on seed funding from Black Green Capital to accelerate its growth in the booming eSports market.
DingIt.tv currently hosts a dedicated eSports channel featuring gaming tournaments from around the world. It plans to use the cash to attract more broadcasters and advertisers to its service.
"The bottom line is that end users get true HD quality onto all of their devices, live events are not disrupted by adverts and engagement is significantly enhanced meaning better end results for the broadcaster and advertiser. This is a significant step up to what is available today, and is entirely based on proprietary technology meaning we have a significant edge in the market. As end user bandwidth improves we will be able to seamlessly upgrade the users to UHD giving inbuilt future-proofing for broadcasters" said CEO Mark Hain, CEO.
"Black Green Capital share our vision of the future of DingIt's disruptive broadcast streaming technology and unique online ad model, and are bringing both the financial backing as well as their own entrepreneurial skill set that will help drive our success."
As part of the Black Green Capital's CEO David Rowe joins DingIt.tv's board as Chair.
DingIt.tv was developed by OC Shield Ltd, which is also home to brands like OC Shield Enterprise, MediShield, DataGard, LiquidStream, OC Shield CDN and VerifyFake.